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Federal suit to stop Halliburton, Baker Hughes deal

Federal suit to stop Halliburton, Baker Hughes deal

WASHINGTON (AP) — The Justice Department on Wednesday sued to stop Halliburton Co. from acquiring oilfield services rival Baker Hughes Inc., saying the deal would harm consumers and eliminate head-to-head competition. The proposed transaction, valued at nearly $35 billion, would combine two of the world’s three leading providers of those services to oil and gas companies and create a bigger ...

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Volkswagen sued by big investors over emissions scandal

VW, Volkswagen, sued

FRANKFURT, Germany (AP) — Institutional investors are suing Volkswagen for $3.57 billion in damages over the company’s handling of its emissions scandal, which has so far seen the share price fall by about a third. Attorney Andreas Tilp said Tuesday that the suit in the German regional court in Braunschweig was joined by investors from 14 countries, including the U.S., ...

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